ElliotWaveTrades

ALK: Breakout Of Consolidation

Long
NYSE:ALK   Alaska Air Group, Inc.
4
ALK has broken out of its Minuette Wave (iv) in good momentum after finding supporting at its 50% fib retracement.

Look for a minute upside target of $101.43 with SL at low of Minuette Wave (iv) at $82.03.

Break of this low will invalidate this analysis.
Comment:
Trade closed: stop reached
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